US MArket close, improvment of geopolitical outlook, a ceasefire was agreed upon in Gaza on Sunday, while pro-Russian separatists in east Ukraine also asked for a pause in fighting., clear sector leadership as the consumer staples sector (+0.8%) ended in the lead, while other countercyclical groups underperformed. Meanwhile on the cyclical side, consumer discretionary (+0.4%) and technology (+0.6%) outperformed, while energy (-0.2%) and financials (+0.2%) lagged throughout the session, Sysco (SYY 37.44, +1.17), which rallied 3.2% in reaction to in-line earnings. Peer Dean Foods (DF 15.20, -0.61) was not as fortunate, falling 3.9% in reaction to a bottom-line miss and cautious guidance for the third quarter. In addition, the company withdrew its full-year guidance due to a volatile dairy commodity environment, countercyclical sectors, the utilities space (-0.4%) widened its third-quarter loss to 7.0%, while health care (unch) lagged throughout the session, volume were light @ 585mil shares. VIX @ 14,23 -9,76%...In Asia, Australia dominated economic calendar ahead of more notable releases of Japan
GDP and more China July figures later this week. Improvement in NAB business...Nikkei +0,08% Hang Seng -0,13% Shanghai -0,21%
Eur$ 1,3373 S&P +0,10% EuroStoxx Dax FTSE SMI
Keep an eye on :
- ANA SM : Acciona, KKR Hire Banks for IPO of Renewable-Energy Assets: WSJ
- BA/ LN : BAE Wins GBP348m U.K. Royal Navy Contract for 3 Patrol Vessels
- BES PL : Banco Espirito Santo Cut to CC From B- by S&P
- BIO3 GY : Biotest Cuts 2014 Sales Forecast to 7% from 10%
- GALN SW : Galenica 1H Ebit Beats; Targets Higher FY Profit, Changes Management Structure; Names Two CEOs
- GFK GY : GFK Sees 2014 Sales Flat as 1H Rev. Falls 4.2%
- GSK LN : GlaxoSmithKline Faces New Syria Bribery Allegations: Reuters
- OME BB : Omega Pharma expects first nonbinding offers by next week
- RHK GY : Rhoen-Klinikum Shrs Being Sold in Bookbuilding at EU22-EU23 ( ALecta selling 2.9mil shares)
- RWE GY : RWE Reviewing Additional Plant Shutdowns, Sueddeutsche Reports
- STL NO : Statoil, Exxon Among Final Winners in Colombia 2014 Oil Round
- VOW3 GY : Audi Says China JV Will Accept Penalty for Antitrust Violations